LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

More terms

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Securities

Bonds and stocks.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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